Fully Occupied Mixed-Use Retail
For Sale
Contact for pricing
Pending
2353 Old Port Isabel Road, Brownsville, TX 78521
Corner mixed-use property with an operating Bar & Grill and a fully leased office building.
Days on Market108
Property Features for 2353 Old Port Isabel Road
General Information
Standard status
Pending
Property subtype
Office
Listing Agency:
Equity Assets Realty
(956) 369-0899
Listed By:
Nikki Meyer · License #TX
Source:
Crexi
Added: Apr 14
Changed: Jul 23
Last Checked: Jul 30 at 3:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Assets Realty
Investment Insights
Based on property information with market context.
This fully occupied mixed-use property totals 13,211 square feet and combines retail and office space on a 2.12-acre corner site. The improvements were originally constructed in 1950, expanded in 2009, and renovated in 2011. The bar and grill anchor includes a 6,971-square-foot main building that is 100% occupied by Zocalo Bar & Grill. An additional 6,240-square-foot office building is also 100% occupied by three tenants.
As reflected in the seller’s recent appraisal, effective gross income is $215,006 with an NOI of $144,812, indicating a solid cap rate of 9%. The seller has authorized the partial release of a recent appraisal from March 2020, showing an appraisal value of $1,650,000. For qualified buyers, private tours are available by request.
As reflected in the seller’s recent appraisal, effective gross income is $215,006 with an NOI of $144,812, indicating a solid cap rate of 9%. The seller has authorized the partial release of a recent appraisal from March 2020, showing an appraisal value of $1,650,000. For qualified buyers, private tours are available by request.
Key Highlights
- Fully occupied 13,211 SF corner mixed‑use property with retail and office space on a 2.12‑acre site
- 6,971 SF Bar & Grill is 100% occupied by Zocalo Bar & Grill
- 6,240 SF office building is 100% occupied by three tenants
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78521, TX
88,708
Population
29,576
Households
3
Avg Household Size
32
Median Age
15%
College-Educated
62%
High-School Grad
93.7 sq mi
ZIP Area
947
Density / Sq Mi
$41,276
Median Household Income
$24,781
Median Earnings
$864
Median Rent
$90,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Corner mixed-use property with an operating Bar & Grill and a fully leased office building.
Where is this conventional restaurant located?
The property is located at 2353 Old Port Isabel Road Brownsville, TX.
What are key features of this property?
This property features: Fully occupied 13,211 SF corner mixed‑use property with retail and office space on a 2.12‑acre site; 6,971 SF Bar & Grill is 100% occupied by Zocalo Bar & Grill; 6,240 SF office building is 100% occupied by three tenants
